Sharp Daily
No Result
View All Result
Thursday, September 18, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Kenyan publishers call for scrapping VAT on books amid rising costs

Huldah Matara by Huldah Matara
September 25, 2024
in News
Reading Time: 1 min read

The Kenya Publishers Association (KPA) is urging the government to abolish the 16 percent Value Added Tax (VAT) on books in an effort to make reading more accessible to all citizens and foster a knowledge-based economy. At a press briefing ahead of the 25th Nairobi International Book Fair, KPA Chairman Kiarie Kamau emphasized that the tax burden on books is stifling efforts to promote literacy and lifelong learning.

“At 16 percent, VAT makes books prohibitively expensive for many Kenyans,” Kamau stated. “By scrapping this tax, the government can make knowledge more affordable, encouraging the growth of a reading culture and supporting the development of a knowledge-driven economy.”

The call for tax relief comes at a time when Kenya is grappling with increasing costs of education materials, which publishers argue are hampering efforts to improve literacy rates across the country. Kamau further noted that by eliminating VAT on books, the government could significantly lower the cost barrier to education, particularly for lower-income households.

In addition to tax concerns, Kamau condemned the growing problem of book piracy in Kenya, which he says undermines the publishing industry and threatens the livelihood of authors and publishers alike. “We continue to face the challenge of piracy, particularly with digital products being sold at significantly reduced prices on social media,” he said. Kamau confirmed that the KPA would partner with the Kenya Copyright Board (KECOBO) to step up efforts to combat intellectual property theft.

RELATEDPOSTS

Lessons from KRA’s VAT turnaround

June 12, 2025

Kenya Power sparks controversy with token prices surge

January 11, 2024

KPA Vice Chairperson Agatha Karani also encouraged Kenyans to attend the upcoming Nairobi International Book Fair, which runs from Wednesday to Sunday at the Sarit Centre in Westlands, Nairobi. The event, now in its 25th year, is expected to draw attention to the importance of books and education in national development.

 

Previous Post

Ministry of Health announces mental wellness initiative in memory of Dr. Desree Moraa

Next Post

The strategic importance of a structured real estate sales process

Huldah Matara

Huldah Matara

Versatile multimedia journalist with a keen interest in compelling stories that resonate with my audience. Reach out on huldahmatara12@gmail.com

Related Posts

News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025
News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025

LATEST STORIES

Sustainable mixed-use developments in Kenya

September 17, 2025

Real Estate project financing models shaping successful developments

September 12, 2025

Alternative investments: Opportunities and risks

September 12, 2025

Mid-September momentum: CMMF posts strong yields and growing trust

September 12, 2025

Unlocking Home Ownership Through Retirement Savings in Kenya

September 12, 2025

The role of FDIs in driving sustainable development

September 11, 2025

How increased oversight can clean up the insurance sector without stifling innovation

September 11, 2025

Why retail investors hold the key to Kenya’s capital market growth

September 11, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024